Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Investor Presentation (August 2025)
25 slides from Beacon Minerals's investor presentation, Aug 4, 2025
Slide 1: Corporate Presentation
Corporate Presentation ASX:BCN 04 August 2025 For personal use only
Slide 2: Corporate Snapshot
Corporate Snapshot Capital Structure1 One Year Price and Volume History ASX Code BCN Share Price1 $1.28 Shares on Issue 105.7 M For personal use only Listed Options on Issue (Ex. $1.20 Ex. 5 Nov 2029) 13.3 M Market Cap (AUD)1 $135.2 M ¹ On the 01 August 2025 Financial2 Cash on Hand (AUD)2 $14.38 M G
Slide 3: Corporate Activity
Corporate Activity On◦ Market Share Buyback 21 July 2025 Beacon announced that it intends to undertake Share ◦ Consolidation Consolidation ratio 40:1 For personal use only an on-market share buy back of up to 9,391,920 fully paid ordinary shares ◦ Consolidation to provide a more appropriate and
Slide 4: Corporate Activity
Corporate Activity Wealth ◦ of Nations Option Beacon executed option agreement to acquire tenements at the historic Wealth of Nations mine For personal use only ◦ The tenements are located 11 kilometres NW of Beacon’s Jaurdi processing plant ◦ A non‐refundable option fee of $100,000 plus GST. This
Slide 5: Performance Highlights
Performance Highlights GUIDANCE ◦ Guidance for Q1 FY2026 gold production is 6,800 oz – 8,000 oz ◦ 142 kt of ore containing 4,000 ounces in stockpiles DIVIDENDS PAID For personal use only ◦ Total dividends since March 2021 $41.59m ($16.55m fully franked) STRONG BALANCE SHEET ◦ Strong balance sh
Slide 6: Mining – MacPhersons Project
For personal use only Mining – MacPhersons Project July 2024 October 2024 ASX:BCN January 2025 July 2025
Slide 7: Jaurdi Process Plant
Jaurdi Process Plant JAURDI ◦ MILL For personal use only Carbon-in-Pulp (CIP) Gold Treatment facility TAILS ◦ CAPACITY Jaurdi TSF 2.5 years capacity ◦ Lost Dog 2.5 years capacity ◦ 5.0 years total capacity remaining INCREASING ◦ THROUGHPUT 1,000 kt annualized run rate (Q4 FY2025) ◦ Successful
Slide 8: Sustainability
Sustainability ASX:BCN For personal use only “Ensuring local communities are better off for Beacons presence.” COMMUNITY ◦ Committed to the community funding program ◦ Focus on supporting our local businesses ◦ Prioritise local and regional employment ◦ FIFO only when necessary ENVIRONMENT ◦ Com
Slide 9: Resources & Reserves (Excluding Lady Ida)
Resources & Reserves (Excluding Lady Ida) MINERAL RESOURCE ◦ Mineral Resource Estimate is 6.5 million tonnes For personal use only at 1.4 g/t for 290,000 ounces ◦ Exploration results have added 52,000 ounces from the Mt Dimer Gold Project to the Resource base ◦ Key changes include adjustments for
Slide 10: Deposit – Project Update
Lady Ida – Iguana Deposit – Project Update Q2 Q3 Q4 Q1 Q2 Q3 Q4 For personal use only FY25 FY25 FY25 FY26 FY26 FY26 FY26 Lady Ida Project Lady Ida satisfaction of CPs 04/09/2024 Approvals Native Vegetation Clearing Permit 14/6/2025 Mining Proposal Mining Proposal Submitted 19/05/25 Mine Closure Plan
Slide 11: Deposit – Project Update
Lady Ida – Iguana Deposit – Project Update Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY25 FY25 FY25 FY26 FY26 FY26 FY26 Iguana Mineral Resource 18/11/24 For personal use only Iguana Pre-feasibility Study 24/02/25 Iguana Ore Reserve 24/02/25 Grade Control drill programs Stage 1 GC 18/06/25 Stage 2 GC Sterilisation drill
Slide 12: Deposit - Mineral Resource
Lady Ida – Iguana Deposit - Mineral Resource MINERAL RESOURCE ◦ Mineral Resource Estimate is 17 million For personal use only tonnes at 1.11 g/t Au for 609,000 ounces ◦ Mineral Resource estimate is within an optimised A$4,000 pit shell ◦ 4.4 million tonnes at 1.22 g/t Au for 173,000 ounces is in t
Slide 13: Deposit - Ore Reserves / PFS
Lady Ida – Iguana Deposit - Ore Reserves / PFS ORE RESERVES ◦ Ore Reserve totals 3,434k tonnes at 1.20 g/t Au for For personal use only 132.2k ounces ◦ Project pre-tax free cash flow estimated at A$177.1 million (undiscounted) at a flat A$3,600 per ounce ◦ Mine life of 23 months and processing lif
Slide 14: Deposit - Grade Control Drill Program
Lady Ida – Iguana Deposit - Grade Control Drill Program Grade Control Drill Program ◦ 201 reverse circulation drill hole program (10,854 metres) targeting grade control infill drilling at the Iguana deposit For personal use only ◦ Results confirm the presence of high-grade mineralisation both “In-
Slide 15: Deposit - Laterite Drill Program
Lady Ida – Iguana Deposit - Laterite Drill Program Laterite Drill Program ◦ 232 air core drill hole program (2,343 metres) & 215 air core drill hole program (2,572 metres) targeting near For personal use only surface Laterite mineralisation at the Iguana deposit ◦ Results confirm the presence of n
Slide 16: Deposit - Diamond Drill Program
Lady Ida – Iguana Deposit - Diamond Drill Program Diamond Drill Program ◦ 8 Geotech Diamond Drill holes, targeting pit wall positions at the Iguana deposit, with a total of 1,982 metres of HQ3 and PQ3 For personal use only ◦ Significant high-grade mineralisation intersections include: ◦ 0.30 metre
Slide 17: Growth Potential - Exploration – Lady Ida
Growth Potential - Exploration – Lady Ida Lady Ida Project ◦ Located 43km North-West of Beacon’s Jaurdi Processing Plant ◦ 3 mining tenements are subject to Beacon Minerals joint For personal use only venture agreement with Geoda-Lamerton ◦ 4 exploration tenements ◦ Contains the Iguana (M16/262) a
Slide 18: Growth Potential - Exploration – MacPhersons Reward
Growth Potential - Exploration – MacPhersons Reward MacPhersons Project ◦ Located 38km South of Beacons Jaurdi Gold Processing Plant, with access via For personal use only all weather roads ◦ Comprised of 12 tenements, of which 6 are mining tenements ◦ Contiguous land holding of 12.46km2 within th
Slide 19: Growth Potential - Exploration - Geko
Growth Potential - Exploration - Geko Geko ◦ Project Tenements are located 26km NW of the township of Coolgardie and 15km SSW of Jaurdi Gold Processing Plant For personal use only ◦ Acquisition of mining lease M15/0621 and miscellaneous licence L15/0355 ◦ Part of Beacon’s strategy is to increase t
Slide 20: Growth Potential - Exploration – Mount Dimer
Growth Potential - Exploration – Mount Dimer Mount Dimer Project ◦ Located 113 kilometers north-west of Beacon’s Jaurdi processing plant. For personal use only ◦ Mt Dimer Gold Project is located on tenements M77/0427 and M77/0428 ◦ 13 tenements, including 5 mining tenements ◦ Lightning and Golden
Slide 21: Focus – FY2026
Focus – FY2026 OPERATIONAL ◦ EXCELLENCE Continue to focus on meeting guidance, managing costs and improving safety ◦ Continue to operate within industry best standards For personal use only HIGH ◦ IMPACT EXPLORATION Resource drilling at Lady Ida – Iguana deposit focusing on converting Inferred R
Slide 22: Disclaimer
Disclaimer Forward Looking Statements This ASX Presentation (Presentation) has been prepared by Beacon Minerals Limited (“Beacon” or “the Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer o
Slide 23: Competent Persons Consent
Competent Persons Consent Competent Person’s Statement – Pre-Feasibility Study and Ore Reserves The Information in this Report that relates to Pre-feasibility Study and Ore Reserve is based on information compiled by Mr Gary McCrae, a Competent Person who is a Member of the Australasian Institute of
Slide 24: Competent Persons Consent
Competent Persons Consent Competent Persons Statement - Exploration Results The information in the report relating to the exploration results and targets have been compiled by Lachlan Kenna BSc (Hons) MAusIMM. Mr. Kenna has sufficient experience which is relevant to the style of mineralisation and t
Slide 25: Thank You
For personal use only Thank You For further information contact: Graham McGarry Executive Chairman / Managing Director Email: admin@beaconminerals.com.au Phone: 0459 240 379 Registered Address: 144 Vivian St, Boulder WA, 6432 www.beaconminerals.com.au ASX:BCN ASX:BCN
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